2015 Edelman Trust Barometer: Executive Summary

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Description: The 2015 Edelman Trust Barometer is the firm’s 15th annual trust and credibility survey. The survey was powered by research firm Edelman Berland and consisted of 20-minute online interviews conduct...

The 2015 Edelman Trust Barometer is the firm’s 15th annual trust and credibility survey. The survey was powered by research firm Edelman Berland and consisted of 20-minute online interviews conducted on October 13th – November 24th, 2014. The 2015 Edelman Trust Barometer online survey sampled 27,000 general population respondents with an oversample of 6,000 informed publics ages 25-64 across 27 markets. All informed publics met the following criteria: college-educated; household income in the top quartile for their age in their country; read or watch business/news media at least several times a week; follow public policy issues in the news at least several times a week.
For more information, visit http://www.edelman.com/trust2015

2015

Edelman Trust Barometer Executive Summary

EARNING THE RIGHT TO INNOVATE
For the past 15 years, the Edelman
Trust Barometer has tracked trust in
the global institutions of business, government, media and non-governmental
organizations (NGOs). There have been
long cycle changes, including the inexorable rise in trust in NGOs, a gradual ebbing
of trust in the media, the fall from grace
then gradual recovery of trust in business
and a plunge of trust in government due
to stalemate and perceived incapacity. In
the period prior to the Great Recession, there was an exchange
of trust among the four institutions. For example, in the early 2000s,
we saw a rise in trust in non-governmental organizations that
filled the gap left by loss of trust in business and government.
But now we see an evaporation of trust across all institutions, as
if no one has the answers to the unpredictable and unimaginable
events of 2014. For the first time, two-thirds of the 27 nations we
survey (general population data) fall into the “distruster” category.
The horrific spread of Ebola in Western Africa, the disappearance of
Malaysia Airlines 370 plus two subsequent major air disasters, the
arrests of top Chinese government officials on corruption charges,
the foreign exchange rate rigging by six of the world’s largest banks
and the constant drumbeat of data breaches, most recently from
Sony Pictures, have shaken confidence in all institutions.
There is a new factor depressing trust: the rapid implementation
of new technologies that are changing everyday life, from food to
fuel to finance. This will shock many entrepreneurs, including Jeff
Bezos of Amazon, who said, “New inventions and things that customers like are usually good for society.” Not so fast, Mr. Bezos.
The 2015 Trust Barometer has uncovered a profound concern
about the pace of change. By a two-to-one margin, respondents in
all nations feel the new developments in business are going too
fast and there is not adequate testing. Even worse, 54 percent say
business growth or greed/money are the real impetuses behind
innovation – that’s two times more than those who say business
innovates because of a desire to make the world a better place or
improve people’s lives.
The greatest concerns are about genetically modified foods and
hydraulic fracturing (trust levels in the 30 percent and 40 percent
range), with somewhat more confidence in personal health trackers
(69 percent), electronic payments and cloud computing (trust levels
in the 50 percent range). The industries charged with implementing
these new technologies have a clear vote of no confidence. The
food business, for example, is trusted by only a third of respondents to manage genetic modification in a responsible manner. The
energy industry is trusted by only 48 percent to implement fracking.
There is a desire for more government regulation of these developments by a four-to-one margin, but less than half have confidence
in government to do it effectively.
2

The Trust Barometer confirms a direct correlation between
the trust level in a country and its willingness to accept these
innovations. At the top of the list of trusters are the United Arab
Emirates (UAE), China, India and Indonesia. At the bottom are
several nations in Europe including Germany, France and Spain,
plus Japan and Korea. There is a profound difference between
the attitudes in developed and developing worlds, with the greater
acceptance of the technological innovations in developing markets
(77 percent versus 44 percent).
Business sees innovation as imperative to competitiveness but
fails to grasp the underlying problem of resistance based on fear
of the unknown. The source of anxiety in this new age of disruption
is lack of understanding. There are huge consumer benefits from
the sharing economy, exemplified by Airbnb and Uber, in providing
alternatives to hotel stays and car rentals. Entertainment programming streamed over the web by Netflix makes content available on
demand. Oil prices have collapsed, from over $100 per barrel, to
$50 per barrel, in the past year as hydraulic fracturing and other
energy production technologies provide new sources of supply. Yet
the consequences are being glossed over, from risk to environment,
privacy violations, and loss of jobs in disrupted industries.
Not since the Industrial Revolution in the 1800s have we observed
such rapid change. Protest movements at that time were led
by individuals, journalists or unions to mobilize resistance to
uncontrolled innovation. The first automobiles on the streets in
Europe were required to have people walking in front of them with
red flags to warn pedestrians. John Ruskin organized an effort in
the 1870s in the U.K. to bring back traditional rural handicrafts,
against the woolens mills of the big cities. In his 1726 masterpiece “Gulliver’s Travels,” Jonathan Swift mercilessly critiques the
scientists who try to extract sunbeams from cucumbers or convert
feces to food. This was his way of lampooning the Royal Society of
London for Improving Natural Knowledge and its fantastical notions.
Upton Sinclair’s book, “The Jungle” at the turn of the century was a
graphic depiction of the desperate lives of immigrants toiling in unsanitary slaughterhouses in Chicago, uncovering the dangers in the
food supply chain. In every case, government responded to popular
protests and media outcry against unregulated business innovation.
There are modern analogs to these protests. The city government
in Paris has banned Uber in the wake of a strike by local cab drivers that crippled the city. The Attorney General of New York State
has claimed that 70 percent of Airbnb’s listings in New York City
violate the law and that the company has made $40 million on
illegal listings. Fracking is banned in several European nations.
Electronic wallets, such as Apple Pay, were barred by important
retailers. Innovation through data collection is being demonized.
A New York Times op-ed piece by a Nor thwestern University
professor, Brayden King, argued, “We use these apps and websites
because of their benefits…While we gain from digital connectivity,

TRUST IN BUSINESS INNOVATION:
PACE IS TOO FAST BY A TWO-TO-ONE MARGIN
The pace of development and change in business and industry today is …
28%
28%Too
TooSlow
Slow

19% Just
Just Right
Right
19%

51% Too
Too Fast
Fast
51%

Table of
Contents
the accompanying invasion into our private lives makes our personal data ripe for abuse…we
need to know where our data is going and how it’s used.”
The important insight for companies seeking to implement innovative technologies is that the
traditional game plan used for the past decade will not work. The government is an ineffectual
regulator, slow to establish an acceptable framework within which business can operate. The
partnership with NGOs, even with celebrity activation, is not sufficient. The CEO taking the
lead, promising efficiency and efficacy is not working. In a world of dispersed authority, a new
compact of trust must be forged between the individual and the corporation. The individual must
feel empowered to speak out, to be the other half of the innovation engine along with the genius
programmer or scientist, to be a key part of the process of accepting of the new.
How companies do this is as follows. First, be transparent. We know from the 2015 Trust
Barometer that the number one way to add trust in the fast-changing marketplace is to have
business make test results publicly available for review (80 percent) or to have a partnership
with an academic institution (75 percent). Transparency becomes the fuel for discussion of
innovation, the rational backbone.
Second, demonstrate personal and societal benefits from innovation. There must be a new relationship of equality between the company and the individual, who agrees to surrender elements
of privacy in order to achieve better service while maintaining the right to opt out. The broader
objective should be a better world, as seen in the 81 percent of respondents who believe that
business can both make a profit and improve society. The smart company will cultivate the
new power of interested individuals who seek to collaborate toward a common purpose, so that
marketing becomes a movement.

The State of Trust
page 4

Trust in Media
page 5

Trust in Business
page 6

Trust in Innovation
page 8

Building Trust
page 10

Toward Trusted
Innovation
page 11

Professor Klaus Schwab, founder and chairman of the World Economic Forum, wrote, “There
are four prerequisites of the company’s survival; profitability, growth, risk protection and earning public trust.” Schwab perceptively argues that the corporation, pressed by investors, has
leaned toward profitability and growth but now must re-orient to risk protection and the regaining
of trust. “Now it is time to minimize risk and build trust by meeting legitimate expectations of all
their stakeholders…to find solutions to today’s most pressing social problems.”
Innovation should be a trust accelerator, but at the moment is not seen as entirely positive. To
invent is not enough. Companies need to demonstrate that innovations are safe based on independent research. There must be a commitment to evolve the product based on consumer
experience and feedback. The new product or service must be shown to be good for society, with
transparency on the results of the innovation. We will not soon see an uptick in attitudes towards
institutions. Therefore, if innovation is the lifeblood of the modern corporation, business must
move beyond the WHAT to explain the WHY and the HOW. In the “Merchant of Venice,” William
Shakespeare writes, “If to do were as easy as to know what were good to do, chapels had been
churches and poor men’s cottages princes’ palaces.” In this moment, business must recognize
the validity of this distinction and be sure that all of its innovation is seen as “good to do,” not
just for the company but for the individual user and for society at large.

President and CEO, Edelman

2 0 1 5 | Tr us t B a rom e te r

3

THE STATE OF TRUST

Three out of four institutions lose the global public’s trust
Global Trust Erodes

Government Gains, NGO Declines

Trust in business, media and even NGOs suf fered over
the last year, leaving government as the lone institution to
experience a slight uptick in public trust. It was a year of the
unexpected and unimaginable—from a disappearing aircraft to
a seemingly unstoppable pandemic to a rash of privacy and security breaches. The consequence was the dissolution of confidence and the end of an era in which trust in business had
been on a steady and upward trajector y since the end of the
Great Recession.

Government was the only institution to gain trust in 2015, driven
by improvements in 16 countries, including India, which recorded
a nearly 30 percentage point gain; Russia, with a 27 percent gain;
and Indonesia, with a 19 percent gain. Yet despite its overall rise,
the fact remains that government is still the least trusted institution
globally. Informed publics in 19 of 27 countries distrust government to do what is right.

In 2015, the number of trusting countries fell to the lowest
level ever recorded by the Edelman Trust Barometer, with informed publics in only six of 27 countries sur veyed expressing
trust levels above 60 percent. Once trusting countries, such as
Malaysia and Canada, fell into neutral terrain, and the U.K.,
South Africa, Hong Kong and South Korea slid from neutral to
distrusting status. Among the general public, the trust deficit is
even more pronounced, with nearly two-thirds of countries falling
into the distruster categor y. While still maintaining their trusting status, the UAE, China, India and Indonesia all registered
precipitous drops among the general population (-16, -12, -11,
and -11 points, respectively).

THE EVAPORATION OF TRUST: NGOS, BUSINESS,
MEDIA ALL DECLINE
Trust in the four institutions of government, business, media
and NGOs, 2014 vs. 2015
66%

63%

59%

#1

NGOs
2014

53%

MEDIA
2014

#2
2015

#3

57%

51%

2015

2014

45%

2014

BUSINESS
2015

#4

48%

GOVERNMENT
2015

Note: All charts based on Informed Public 27-country
global data, unless otherwise noted

4

At the other end of the spectrum, NGOs saw the largest decline in
trust. NGOs maintained their status as the most trusted institution,
but what is clear is that the trust is fading. In 19 of 27 countries,
trust in NGOs fell or remained at equal levels to the previous year.
Only in the UAE, Indonesia, France, Brazil, the U.S., Italy, Spain
and Poland did NGOs record slight upticks.

TRUST IN MEDIA AND THE NEW
CONTENT CREATORS
MEDIA SOURCES: SEARCH ENGINES NOW
USED FIRST AND MOST

The story for media in 2015 was one not only of waning trust, but
also one of the continuing dispersion of influence, from traditional
to social and hybrid sources. In 15 countries, media experienced
declines, with some as sharp as 18 percent (Hong Kong), 14 percent (Argentina) and 11 percent (Canada and Singapore). While
trust in media increased in 12 countries, no country registered
gains as great as these losses. Years of newspaper layoffs and
staff buyouts are taking their toll on public trust.

Sources used for information about business (20-country
global data)
NEWSPAPERS

TELEVISION

ONLINE SEARCH

The First Source for
General Information

Search Engines Surge

The First Source for
Breaking News

36%

31%
29%

As exemplified by the rise of Amazon into the content programming game, the continued popularity of Netflix and others, and the
success of native entrants such as BuzzFeed, media faces new
participants and competitors for share of influence and voice. For
the first time, search engines are now the most trusted source
for general news and information among the informed public,
surpassing traditional media by two percentage points. The gap
in trust between traditional and digital sources of media is even
more pronounced among Millennials; 72 percent of Millennials
say online search engines are their most trusted source of information, as compared to 64 percent among the larger, informed
public population.

25%
25%
24%

2013

28%

26%

2014

27%

27%

27%

27%

22%
21%

2015

37%

34%

25%

22%

Source Used Most to
Confirm/Validate News

22%
20%

20%

19%

2013

2014

18%

19%

19%

2015

2013

2014

20%

18%

2015

news and as a news validator has also declined or remained flat.
The net effect is that today, television and online search are now
near evenly tied as a first source for breaking news about business. Almost gone are the days when television was the central
lifeline for information during a national or global disaster. As far
as validating a story, nearly 20 percent more go online than turn

Not only are search engines now more trusted, they also are the
first source for general business information, continuing a trend
first witnessed in 2013 when the Barometer showed search engines rising to parallel prominence with newspapers. Newspapers
as a first source for general information, as well as for breaking
news and as a source to validate news about business, continue to
decline in influence, whereas online search has grown or remained
flat. In tandem, television as a source for information, breaking

to a newspaper or television.
Interestingly, when it comes to creating content for social networking sites and other online-only information sources, it is not
journalists who are among the most trusted but one’s own family
and friends. In fact, a company creating its own content (if one
uses the company and or its products) is a more trusted author
than a journalist, or even an NGO.

MEDIA SOURCES: SEARCH ENGINES NOW MOST TRUSTED
Trust in each source for general news and information (20-country global data)
Millennials Are Even More
Trusting Of Digital Media

67%

62%

63%

65%
63%

64%
62%

60%

53%

52%
50%
45%
43%

2012

45%
43%

Online Search
Engines

72% (+8)

Traditional Media

64% (+2)

53%

Hybrid Media

63% (+10)

48%

Social Media

59% (+11)

47%

Owned Media

57% (+10)

44%

42%

2013

2014

2015
2 0 1 5 | Tr u st B ar om et er

5

TRUST IN BUSINESS: THE END OF AN ERA
For the first time since the end of the Great Recession, trust in
business faltered, signaling the finale of an era of recovery for
business. Marked by declines in trust in the once impenetrable
technology industry, trust levels in business decreased in 16
of 27 countries. The majority of countries now sit below 50 percent with regard to trust in business. Leading the declines were
Canada, Argentina, Germany, Australia and Singapore, which all
witnessed double-digits declines in trust in 2015 (-15, -12, -12,
-11, and -10 points, respectively).

percent of countries, trust in the consumer electronics sector
fell. In 67 percent of countries, trust in telecommunications
decreased, and in 70 percent of countries trust in technology
in general sank.

Country of Origin
A company’s headquar ters location matters deeply when it
comes to trust. Following a pattern seen in previous years,
companies headquartered in BRIC countries remain among the
most distrusted of businesses. Brazil, China, Russia, India
and Mexico all recorded trust levels well below 50 percent (38
percent, 36 percent, 35 percent, 34 percent, and 31 percent,
respectively), a stark contrast to countries such as Sweden,
Canada, Germany and Switzerland that registered as high as
76 percent.

Four Factors Shape Trust in Business
As the Trust Barometer has evidenced over time, four factors
inherently impact trust in business: industry sector, enterprise
type, country of origin and leadership. Since 2008, all have
shown similar patterns of a post-recovery increase, followed by
new declines in the last 12 months.

The trust challenge is particularly acute for developing countrybased multinational companies seeking to do business in a
developed country. Whereas 57 percent of informed publics in
a developing country would be inclined to trust such a company,
a mere 22 percent in a developed country say they would trust a
developing country multinational doing business in their country.

Industry Sectors
Technology remains the most trusted of all industry sectors at 78
percent. However, declines across all technology-based industries were evident in 2015. Privacy and security breaches—such
as the high-profile cyber-attack at Sony Pictures and the hacking
of credit card data at several big-name retailers—have weakened
trust in both technology products and the sector. Across 74

Specifically, only 30 percent of respondents in developed markets would trust a Brazilian-based company to make a major

OF RECOVERY
investment in a new plant or office in their
country—in spite of the ostensible job creation
impact it would have. In developing markets, the
trust level in a Brazilian-based company’s plan
investment is twice as high.

Enterprise Type
For the second year, the Edelman Trust
Barometer asked informed publics about their
levels of trust in business based on their
enterprise structure. Trust varies among
different types of business—and developed
versus developing countries exhibit ver y
different tendencies with regard to whom
they trust. In developed countries, familyowned businesses carry a trust premium of
nearly 30 percentage points when compared to
big business. In contrast, in developing
countries, big business is more trusted than a
family-owned enterprise by six percentage points.
But, a family-owned business is only slightly more
trusted than a state-owned enterprise.

Leadership
Academics, industr y exper ts and technical
exper ts remain the most credible spokespeople for business, standing in stark
contrast to CEOs, who are now nearly half
as trusted, with trust levels at 43 percent.
In three-quar ters of countries, CEOs are
not viewed as credible spokespeople. They
rank only above a government official or
regulator, having fallen a full nine points from
a high in 2011. The trust deficit for CEOs is
particularly pronounced in the developed world,
where trust levels hover 10 points below the
global average. Here, 70 percent of respondents do not perceive the CEO to be a believable
source of information about a company. The
picture is far different in the developing world,
where CEO credibility trends 30 points higher,
at 61 percent.

TRUST IN INNOVATION
For the first time, the Edelman Trust Barometer asked informed
publics about their levels of trust in innovation. The findings
not only shed light on public perceptions around the pace of
change, but also carry enormous implications for the future of
trust in business.
Overwhelmingly, the Barometer reveals that today’s pace of
development and change by business and industry is perceived
as being too fast—51 percent say innovation is too fast; 19
percent feel it is just right.

Trust in Innovation Varies by Region
and Development
When asked about specific innovations, however, trust
levels vary wildly. Trust in electronic and mobile payments is
69 percent, as compared to trust in genetically modified foods,
which lingers just above 30 percent. Put another way, while
nearly 70 percent of people trust electronic payments, nearly
70 percent also distrust genetically modified foods.
Trust in specific innovations also differs across regions.
Perhaps not surprisingly, in the developing world, where
business relies far more on the use of mobile payments, trust
in electronic payments soars to 83 percent. Generally, trust in
new innovations is far greater in developing countries than it is
in developed countries.

Interestingly, entrenched trust in a par ticular industr y sector does not assure trust in that industry’s particular innovation. As case in point, while the technology industry carries far
greater trust than the financial ser vices industr y, the
financial services industry is slightly more trusted to develop
and implement electronic payments than the technology industry is trusted to develop and implement cloud computing.
While the food and beverage industry has a 67 percent trust
level, trust plummets to 35 percent when it comes to the
public’s confidence in the industry to develop and implement
genetically modified foods.

Transparency and Third-Party
Validation Are Essential
Business is not without means to foster trust in innovation,
however. Respondents indicated a clear set of actions that
would increase trust in an industry to implement technology
changes. Predominantly, transparency in the form of making
test results publically available for review would boost trust.
Partnering with credible third parties, including academic institutions and NGOs, as well as running a clinical trial or beta test,
all have positive impacts on the public’s acceptance of new
innovations. The bottom line for business is that knowledge and
understanding beget trust.

TRUST IN INNOVATION:
TRANSPARENCY AND 3RD-PARTY VALIDATION ARE ESSENTIAL
Actions that increase trust in industry to implement technology changes

8

Make
testtest
results
available
publicly
forfor
review
Make
results
available
publicly
review

80%
80%

Partner
with
an an
academic
institution
Partner
with
academic
institution

75%
75%

a clinical
beta
test
RunRun
a clinical
trialtrial
or or
beta
test

71%
71%

Partner
with
NGO
Partner
with
an an
NGO

63%
63%

Partner
with
government
Partner
with
government

55%
55%

55%
55% AGREE:
New developments
developments
New
are not
not tested
are
enough
enough

BUSINESS INNOVATION: DEVELOPING MARKETS MORE OPEN TO CHANGE
Trust in recent developments in business and industry, developing countries vs. developed countries

DEVELOPING COUNTRIES

83%
72%

DEVELOPED COUNTRIES

… but do not take
customers in developing
markets for granted.

71%
60%

54%

53%

50%

45%
39%

+19

+29
Electronic and Mobile
Payments

Electronic and
Personal Health
Trackers

Cloud Computing

31%

+6

+21

+26

37%

Hydraulic Fracturing Genetically Modified
Foods

BUSINESS INNOVATION: TRUST IN INDUSTRY SECTORS DOES
NOT GUARANTEE INNOVATIONS ARE TRUSTED
Trust in industries’ abilities to responsibly develop and release industry-specific developments, compared to trust in industries

BUILDING TRUST
Trust is built through specific attributes,
which can be organized into five performance clusters: integrity, engagement,
products and services, purpose and operations. Of these clusters, the Edelman
Trust Barometer reveals that integrity
is most important, followed closely by engagement. As in years past, respondents
indicated that areas such as excellence
in operations or products and services,
while important, are simply what is expected.

Trust Matters

The trust-building opportunity for business, therefore, lies squarely in the
area of integrity and engagement. These
areas encompass actions such as having ethical business practices, taking
responsibility to address issues or crises,
having transparent and open business
practices, listening to customer needs
and feedback, treating employees well,
placing customers ahead of profit and
communicating frequently on the state
of the business—the very qualities also
evidenced to build trust in innovation.

ENGAGEMENT AND INTEGRITY:
PRIORITY AREAS FOR COMPANIES TO BUILD TRUST

Shedding additional light on what it takes
to build trust, respondents decisively indicated that business shoulders a responsibility to deliver both economic and
societal benefits. Specifically, 81 percent
agree that a company can take actions
that both increase profits and improve
the economic and social conditions in
the community where it operates. Seventy-five percent believe that a company
can be more profitable by finding ways to
solve social and community problems.
Delving a layer deeper, the Barometer
reveals that approximately half of respondents attribute increased trust in a business to the fact that a business enabled
them to be a more productive member
of society. Forty-seven percent say it is
because the business contributed to the
greater good. Companies that clearly delineate the personal and societal benefits
they provide are better positioned to build
public trust.

The 2015 Trust Barometer findings reveal that trust carries important implications for
future business success. Respondents indicated that trust or lack of trust in a particular company has influenced their behaviors in the previous 12 months. Namely,
80 percent of respondents said that they chose to buy a particular product or service
because they trusted the company behind it. Sixty-three percent said they refused to
purchase a product or service because they distrusted a particular company. As significant in an age when peer influence is increasingly consequential, 68 percent said
that they have recommended a company that they trusted to a friend or colleague and
58 percent said they shared criticism about a distrusted company.

I sold
shares

I bought shares

28%

40%

54%
48%

80%
68%

TOWARD TRUSTED INNOVATION
The post-Great Recession chapter of
recovery in trust has closed, and business is now less trusted than a year
ago. This new reality arrives at an
ill-timed moment for business. The
pace of change has never been faster
and innovation has become an even
greater imperative for success. Yet, as
demonstrated by the Trust Barometer
findings, public trust in innovation is no
longer implicit. Innovation on its own is
not perceived as an inherent demonstration of forward progress, despite the near reverence for the term.
A majority of respondents (51 percent) say the pace of development and change by business and industry in the world is too fast.
In a world of the digitally-empowered citizen, this insight is both
consequential and worrisome. A campaign of resistance mounted
by a discontented few can become viral overnight, without a protester leaving a desk chair. The influence of official voices is being
trumped in favor of “a person like you or me.” The implications for
business success are real.
Equally illuminating and concerning is perception about the impetus for innovation. Three times as many informed publics believe
innovation today is motivated by greed as by making the world a
better place—a reality that lies in direct contrast to the informed
public’s beliefs about the potential for business today. Nearly half
of informed publics cite “contributing to the greater good” as a key
driver of their trust in business, while 51 percent assert business
enabling them to be a more productive member of society matters
in this regard. A compelling and related finding shows respondents
expect more from business than operational excellence, with eight
in 10 saying business can take actions that increase profits while
also improving economic and social conditions.
Business is society’s best hope for meaningful and impactful
innovation, but a new approach is needed. Our new era—the era of
growing skepticism, rapid innovation and an empowered yet wary
citizenry—gives rise to the need for Trusted Innovation.
Here is a new formula:

Trusted Innovation is the sum of Discover y, plus Benefit, plus
Integrity, exponentially powered by Engagement.
Discover y refers to the innovation that business is uniquely
positioned to advance. To Discovery, business brings an unrivaled
agility and nimbleness, a multi-stakeholder and often global view,
founded in specific expertise no other institution can bring.

Integrity is the sum of attributes which build trust in any company,
chiefly having ethical business practices, managing risk, treating
employees well and operating responsibly as a good corporate
citizen.
Engagement is the multiplier factor and refers to the transparency
and third-party validation that is integral to innovation. As a case
in point, eight in 10 respondents say actions such as making
test results publically available for review would boost trust in an
industry’s ability to adopt new technology change.
To implement the formula, business must embrace a clear set of
actions:
•

Solve: Business must continue to apply its unparalleled perspective and skill to the world’s greatest problems. Enterprise must bring ideas and
products to market that yield benefit, while ensuring
the public sees the connection between new developments and societal benefit. Innovative product and
service solutions should be recognized by stakeholders as more than profit-drivers.

•

Behave: Fundamentally, business must conduct
itself with new rigor and self-awareness. A commitment to robust relationships, transparency
and consistency in reporting, active listening to
stakeholders’ concerns and a willingness to modify
products and services is required. Ultimately this is
an action of leadership, culture and conduct.

•

Engage: Business must adopt a new framework
rooted in facilitating dialogue, sharing information
and fostering collaboration. Realizing that new
developments do not speak for themselves, enterprises must actively engage a broad range of
stakeholders to facilitate greater understanding
through stories that reach and touch their audiences. Business must explain benefits completely,
elucidate the technology behind the innovations
and communicate its ethical practices in bringing
those discoveries to market. A business that does
this well is one that invites partnership, encourages feedback and interaction and listens openly.

We live in an era where trust must be earned and not managed,
where the microscope for transparency is constant, and where
business must listen and measure the interactions, intentions and
sentiments of shareholders. At the same time, the need and capacity for innovation that solves and disrupts has never been greater.
Business can lead. For the world to follow—indeed for citizens to
help clear the path forward—trusted innovation is the way.

About the Edelman Trust Barometer
The 2015 Edelman Trust Barometer is the firm’s 15th annual trust and credibility survey. The
sur vey was powered by research firm Edelman Berland and consisted of 20-minute online
interviews conducted on October 13th – November 24th, 2014. The 2015 Edelman Trust Barometer
online survey sampled 27,000 general population respondents with an oversample of 6,000
informed publics ages 25-64 across 27 markets. All informed publics met the following criteria:
college-educated; household income in the top quartile for their age in their country; read or watch
business/news media at least several times a week; follow public policy issues in the news at
least several times a week. For more information, visit www.edelman.com/trust2015

About Edelman
Edelman is the world’s largest public relations firm, with more than 5,000 employees in 65 cities,
as well as affiliates in more than 35 cities. Edelman was named one of Advertising Age’s “A-List
Agencies” in both 2010 and 2011, and an “Agency to Watch” in 2014; Adweek’s “2011 PR Agency
of the Year;” PRWeek’s “2011 Large PR Agency of the Year;” and The Holmes Report’s “2013
Global Agency of the Year” and its 2012 “Digital Agency of the Year.” Edelman has been awarded
seven Cannes Lions including the Grand Prix for PR in 2014. Edelman was named one of the
“Best Places to Work” by Advertising Age in 2010 and 2012 and among Glassdoor’s “Best Places
to Work” in 2011, 2013 and 2014. Edelman owns specialty firms Edelman Berland (research),
Edelman Deportivo (creative), Blue (advertising), BioScience Communications (medical communications) and agency Edelman Significa (Brazil). Visit www.edelman.com for more information.

About Edelman Berland
Edelman Berland is a global, full-service market insights and analytics firm that provides corporate,
non-profit and government clients with strategic intelligence to make their communications and
engagements with stakeholders the smartest they can be. The firm specializes in measurement,
tracking and analysis in reputation, branding and communications. Edelman Berland is part of
Edelman, the world’s largest public relations company. Edelman Berland has more than 130
employees in offices around the world. Edelman Berland: Intelligent Engagement.